Title: Overview results 2000 and
1- Overview results 2000 and
- First quarter 2001 results
- By Harrie L.J. Noy
- Chairman of the Executive Board of ARCADIS NV
- General Meeting of Shareholders
- Arnhem, May 23, 2001
2Results full year 2000
3ARCADIS on track with new strategyNet income
18 Results in line with strategic goals
- Gross revenue
- Growth 18 of which 7 autonomous
- Operational margin
- Operating income 26
- EBIT margin from 6.1 to 6.4
- Net income per share
- 16 higher at 1.04
4Net income FY 2000 EUR 20.7 mln
Gross revenue Net revenue Operating income Net
income Net income per share
1999 655 460 27.8 17.6 0.90
2000 776 551 35.2 20.7 1.04
Growth 18 20 26 18 16
5Higher autonomous growth
Gross revenue 2000 7 6 6
Gross revenue Q4 11 -6 6
Operating income 2000 12 8 6
- Autonomous
- Acquisitions
- Dollar
6Major developments
- Strategic review
- New financial targets
- Strong autonomous growth in United States
- Solid contribution acquisitions
- Sale of Dutch environmental contracting
activities - Integration of operations in Germany, United
States, The Netherlands
7Development operating income
2
26
19
4
8Development net income (excl. extraordinary
items)
14
18
15
6
9Cash flow and balance sheet
- Sharp decline in working capital
- Balance sheet stronger
- solvency to gt37
- Operational cash flow doubled
10Gross revenue Market segments
11Infrastructure 17
12Environment 20
13Buildings 30
14Communications 18
15Gross revenue Regions
16Geographical spread
2000
1999
17EBITA Regions
18Strategic review
- Strong position
- Stable growth of revenues and income
- Europe top 3 / worldwide no. 9
- Strongest international network in the business
- However
- Not reflected in share price
- Organic growth limited
- In short strategic review
19Market developments
- Globalization of clients
- Consolidation in the sector
- Governments pull back
- Industry outsourcing and vendor reduction
- Changing roles
- Changing labor markets
20More focus on value creation
- Profitable growth is key
- Clients Employees
- - more added value - project management
- - expansion services - training development
- - new clients - performance based pay
- Profitable growth
- Shareholder value
- More emphasis on organic growth
- Focus on existing home markets
21Four strategic pillars
22New ambitious goals
- 1 Growth gross revenue
- Autonomous
- Acquisitions
- Dollar-effect
- 2 Margin
- EBIT/net revenue
- 3 Growth net income per share
Result 2000 18 7 6 5 6.4 16
1995-1999 13 3 7 3 1999 6.1 8
New goal 13 1/2 1/2 - In 2005 8 15
23The following conditions apply
- Excluding the effects of goodwill write-offs
- Excluding changes in exchange rate dollar - euro
- Market conditions show no major changes
- Growth rate in part depends on acquisitions
- And no change in pay-out ratio dividend
24Results first quarter 2001 and outlook full
year 2001
25Net income 1st quarter 2001 EUR 3.6 mln
26Highlights first quarter 2001
- The Netherlands
- Growth in infrastructure
- Divestment Dutch environmental contracting
activities - Decline in demand real estate information
services - North- and South-America
- Good order intake infra environment in U.S.
- Acquisition WSBC generates growth
- Buildings, communications weaker
- Strong growth Brazil
- Europe
- Healthy organic growth
27Outlook market
- Infrastructure market remains good
- Netherlands growing investment volume
- United States TEA-21 continues
- Brazil strong growth power-infrastructure
- Telecommunications grows, but slower
- Growth in Germany and Spain
- Private sector stronger tendency outsourcing
- Opportunity for facility management
- Uncertainty American economy
28Outlook 2001
- NL infrastructure compensates real estate
information - USA growth in infrastructure and environment
- Extraordinary gain approx. EUR 2 million
- Net income approx. 10 higher
- Premise
- American economy remains level
- Unforeseen circumstances
- Excluding extraordinary gain and new acquisitions
ARCADIS on track to realize strategic goals
29ARCADIS from engineering firm to
professional service provider
- for infrastructure, environment, buildings and
communications - Broad range of services
- Higher in the value chain
- More added value
- More fixed relationships/ partnerships
- Long term contracts
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